Heartbeam, Inc.
Aktualisiert

BEAT- BEAST is about to be unleashed...Positional/swing trade

157
BEAT is your prototypical aggressive growth stock- Strong future growth potential with good earning and revenue track record ... If you can overlook its debt level.

This beast was tamed for a while after its share price skyrocketed from $25 to almost $80 , but it is ready to unleash its fury again.

But first, I think the pullback is in the store facing key resistance lvl in confluence with ichi and BB on the weekly timeframe.

In addition, short % of float is around 10%.

However, it is a bullish sign when price hovers below the key resistance lvl rather than experiencing outright price rejection.

My buy zone is between $45 to $55 for the positional trade. The long term trendline and S/R flip below this price range will act as a strong support.


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Anmerkung
Rejected at the resistance lvl. Double top. Important daily POC at $47. Trade becomes invalid if the price falls below the buy zone of $45.
Anmerkung
Long-term trendline hit

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